Sun Microsystems Tops Estimates,
But Sales Growth Is Slowing Down

Sun Microsystems Inc. beat analysts' estimates for its fiscal third-quarter profit, but sales were lower than forecast and marked the computer maker's slowest growth in several years.

For the period ended March 29, net income at the Palo Alto, Calif., company was $232 million, or 59 cents a diluted share, up 3.8% from $223.5 million, or 58 cents a share, a year earlier. Per-share net in the latest period was a penny higher than the...